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Lot C & D KOOTENAY Street, Cranbrook, British Columbia, V1C 3T5

MLS® # 2479262
Commercial For Sale In Cranbrook, British Columbia
$289,900
Lot C & D Kootenay  Street, Cranbrook, BC
Lot C & D Kootenay  Street, Cranbrook, BC
Lot C & D Kootenay  Street, Cranbrook, BC
Lot C & D Kootenay  Street, Cranbrook, BC
Lot C & D Kootenay  Street, Cranbrook, BC
Lot C & D Kootenay  Street, Cranbrook, BC
  • Advertising
ACTIVE
Lot C & D KOOTENAY Street, Cranbrook, British Columbia, V1C 3T5
$289,900

Property Information:

For sale is a unique opportunity to acquire Jump Property Corp, a British Columbia-registered commercial property corporation. Included in the sale are two prime C-1 Commercial properties in Downtown Cranbrook. Established in 2021, the corporation comes with three years of detailed corporate filings from top accounting firms and a solid operational history, positioning it for continued success. The sale includes an 8,520 sq ft C-1 Commercial development site, currently serving as parking for the neighboring Total Pet store and generating a triple net revenue of $19,170 annually, with Pet Valu covering all taxes and expenses. The lease agreement includes options to extend the lease to 2036 and beyond, with lease amounts capping at $23,430 annually in the final extension term. Additionally, there is a 3,082 sq ft C-1 Commercial development site, paved for parking but currently unleased. This corporation and its assets offer significant investment potential, especially following the City?s recent increase in C-1 zoning density from 80 units per hectare to 180, greatly enhancing development possibilities. (id:27)

Building Features:

  • Building Type: Other
  • Heating Type: No heat

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Access Type: Easy access
  • Amenities Nearby: Park, Shopping
  • Features: Level lot
  • Landscape Features:
  • MaintenanceFee Type:
  • Zoning Type: Unknown

Courtesy of: RE/MAX Blue Sky Realty

REALTOR.ca  

Location of Lot C & D KOOTENAY Street, Cranbrook, British Columbia, V1C 3T5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, Lot C & D KOOTENAY Street , experiences 7 hot days per year at around 31.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past
31.4℃
2050
35.4℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

13 storms expected in 2050

34/100

Moderate-Low

ClimateCheck®

Current data

This property, Lot C & D KOOTENAY Street , experiences 11 significant 2-day storms per year, with about 190.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 222.6mm of precipitation per year.

Precipitation Per Storm

Past
190.5mm
2050
222.6mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of Lot C & D KOOTENAY Street, Cranbrook, British Columbia, V1C 3T5

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$83,447.72

Average Number of Children

1.37

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.1 %

High school certificate or equivalent

35.33 %

Apprenticeship trade certificate/diploma

11.01 %

College/non-university certificate

23.1 %

University certificate (below bachelor)

0.08 %

University Degree

14.37 %

Commuter

Travel To Work

By Car

67.24 %

By Public Transit

0.12 %

By Walking

26.72 %

By Bicycle

0.0 %

By Other Methods

5.92 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.28 %

Houses

37.72 %

Own Vs. Rent